H.C. Wainwright raised the firm’s price target on BridgeBio (BBIO) to $49 from $43 and keeps a Buy rating on the shares. Acoramidis received regulatory approval with the label underscoring cardiovascular hospitalization and mortality reduction benefits, the analyst tells investors in a research note.
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Read More on BBIO:
- BridgeBio announces FDA approved Attruby for ATTR-CM patients
- BridgeBio Pharma trading halted, news pending
- BridgeBio Pharma call volume above normal and directionally bullish
- BridgeBio reports open-label extension data on acoramidis in ATTR-CM
- BridgeBio announces publication of PROPEL 2 data in NEJM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.